1. Iranian Crypto Asset Outflows Surge to Over $2 Million Per Hour at Peak link

Following the U.S.-Israeli airstrikes on Iran on February 28, Iranian local crypto exchanges saw a peak in capital outflows. Between February 28 and March 2, approximately $103 million worth of crypto assets flowed out, with hourly outflows nearing or exceeding $2 million during peak periods — far above normal levels.

Chainalysis notes that the exact sources of these flows remain unclear; potential drivers include retail users moving assets to self‑custody wallets, exchanges adjusting liquidity structures amid sanctions pressure, or cross‑border capital movements linked to state‑affiliated entities.

Elliptic previously disclosed that Iran’s…